SummarySurcharge of 10% on super-rich, duties to be raised on cigarettes, mobile phones and SUVs: FM

Budget 2013 Live Highlights: P. Chidambaram presents one of the most highly anticipated Indian budgets of recent years on Thursday, as the government looks to rein in a bloated fiscal deficit and restore confidence in Asia's third-largest economy.

The 2013/14 budget caps an intensive seven-month campaign by the energetic Chidambaram, who was appointed last August, to turn around India's fortunes after years of policy drift and global economic turmoil:

Highlights:

* Duty free limit on gold raised to Rs 50,000 in case of male and Rs 100,000 in case of female

* Duty on mobile phones above Rs 2,000 raised from one to six per cent, based on their maximum retail prices

* Excise duty on SUVs to be increased to 30 per cent from 27 per cent, SUVs registered as taxis exempted.

* Specific excise duty on cigarettes and cigars raised by 18 per cent.